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<p>Although the UK has left the EU, under the terms of the Withdrawal Agreement, the
EU State Aid rules continue to apply in the UK until the end of the Transition Period.
The State aid rules are a sole competence of the European Commission. The Commission
has introduced some flexibilities into the rules to deal with the impacts of the Coronavirus,
in the form of a Temporary Framework.</p><p> </p><p>The Coronavirus Business Interruption
Loan Scheme (CBILS) is a State Aid approved scheme under the European Commission’s
Temporary State Aid Framework. Companies that do not pass the ‘undertaking in difficulty’
test are eligible for support, in recognition of the impact of Coronavirus, unless
they were in difficulty on 31 December 2019, prior to the outbreak.</p>
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